Transaction in Own Shares

RNS Number : 5784R

Bank of Georgia Group PLC

01 March 2023

 

London, 1 March 2023

Bank of Georgia Group PLC announces transaction in own shares

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 1 March 2023, Numis Securities Limited ("Numis") purchased on behalf of the Company the number of ordinary shares of £0.01 each on the London Stock Exchange as set out in the table below (the "Repurchased Shares") pursuant to the share buyback and cancellation programme which was announced on 16 February 2023 (the "Buyback Programme").

Date of purchase:	1 March 2023
Number of Shares purchased:	13,500 Shares
The purchase price represents the volume weighted average price paid by Numis in sourcing the Shares, with the highest and lowest price paid by Numis being:
Highest price paid per Share:	2875.0000p
Lowest price paid per Share:	2770.0000p
Average market price paid per share:	2850.2922p

Application will be made later this month for the Repurchased Shares to be cancelled pending which the shares will be held in Treasury. Following the cancellation of the Repurchased Shares, the total number of ordinary shares with voting rights will be 47,459,482 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

The Company will make further announcements following the completion of any additional purchases pursuant to the Buyback Programme.

The schedule below contains detailed information about the purchase(s) made by Numis Securities Limited on behalf of the Company as part of the Buyback Programme.

Both aggregate data in respect of the Repurchased Shares as well as the individual purchases are set out below.

Schedule of Purchases

Shares purchased:  Bank of Georgia Group PLC (ISIN CODE: GB00BF4HYT85)

Date of purchase:  1 March 2023

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2850.2922p	13,500

Number of shares purchased	Transaction price (per share)	Time of transaction	Execution venue
47	2770	08:09:07	XLON
29	2830	08:49:50	XLON
92	2830	08:49:50	XLON
156	2830	08:49:50	XLON
95	2830	08:49:50	XLON
902	2830	08:49:50	XLON
212	2830	08:52:47	XLON
200	2830	08:53:25	XLON
213	2835	09:05:44	XLON
278	2850	09:22:06	XLON
192	2850	09:22:06	XLON
205	2845	09:27:49	XLON
53	2845	09:27:49	XLON
168	2845	09:27:49	XLON
6	2840	09:30:05	XLON
20	2840	09:30:05	XLON
20	2840	09:30:05	XLON
20	2840	09:30:05	XLON
157	2840	09:30:05	XLON
219	2840	09:52:31	XLON
46	2835	10:00:47	XLON
20	2835	10:00:47	XLON
20	2835	10:00:47	XLON
40	2835	10:00:47	XLON
131	2835	10:00:47	XLON
199	2845	10:18:40	XLON
50	2850	10:27:47	XLON
3	2850	10:27:47	XLON
228	2850	10:42:56	XLON
297	2850	10:42:56	XLON
42	2850	10:42:56	XLON
213	2850	11:00:56	XLON
3	2850	11:28:00	XLON
8	2850	11:28:00	XLON
20	2850	11:28:00	XLON
85	2850	11:28:00	XLON
222	2850	11:30:13	XLON
20	2845	11:46:21	XLON
72	2845	11:46:21	XLON
57	2845	11:46:21	XLON
85	2845	11:46:21	XLON
194	2840	11:52:59	XLON
78	2840	11:55:38	XLON
78	2840	11:55:38	XLON
78	2840	11:55:38	XLON
53	2840	12:31:08	XLON
36	2840	12:31:08	XLON
51	2840	12:31:08	XLON
26	2840	12:31:08	XLON
78	2840	12:31:08	XLON
37	2835	12:54:46	XLON
180	2835	12:54:46	XLON
156	2845	13:28:23	XLON
60	2845	13:28:23	XLON
99	2845	13:43:17	XLON
32	2845	13:47:04	XLON
236	2845	13:48:10	XLON
80	2845	13:48:10	XLON
293	2840	13:49:56	XLON
205	2840	13:49:56	XLON
157	2840	13:52:43	XLON
50	2840	13:52:43	XLON
9	2840	13:52:43	XLON
227	2840	14:04:10	XLON
110	2840	14:04:10	XLON
85	2840	14:08:33	XLON
191	2840	14:08:33	XLON
40	2840	14:33:30	XLON
20	2840	14:33:30	XLON
178	2840	14:33:30	XLON
8	2840	14:33:30	XLON
200	2840	14:33:30	XLON
66	2840	14:33:30	XLON
198	2845	14:54:08	XLON
23	2860	15:04:13	XLON
63	2860	15:04:13	XLON
52	2860	15:04:13	XLON
26	2860	15:04:13	XLON
276	2860	15:04:13	XLON
118	2860	15:04:13	XLON
22	2860	15:04:53	XLON
440	2870	15:08:31	XLON
125	2870	15:11:59	XLON
80	2870	15:16:59	XLON
40	2870	15:16:59	XLON
156	2870	15:16:59	XLON
458	2870	15:16:59	XLON
132	2875	15:24:34	XLON
38	2875	15:24:34	XLON
35	2875	15:24:34	XLON
45	2875	15:24:34	XLON
20	2870	15:26:47	XLON
20	2870	15:26:47	XLON
98	2870	15:26:47	XLON
75	2870	15:26:47	XLON
7	2870	15:26:47	XLON
12	2870	15:26:47	XLON
75	2870	15:26:47	XLON
75	2870	15:26:47	XLON
53	2870	15:26:47	XLON
243	2865	15:26:47	XLON
218	2865	15:30:13	XLON
41	2865	15:45:58	XLON
168	2865	15:45:58	XLON
194	2870	15:52:43	XLON
223	2875	15:58:05	XLON
21	2875	16:06:03	XLON
39	2875	16:06:03	XLON
157	2875	16:06:03	XLON
159	2875	16:06:03	XLON
21	2875	16:06:03	XLON
120	2875	16:06:03	XLON
98	2875	16:06:03	XLON
6	2875	16:06:03	XLON
236	2865	16:10:43	XLON
120	2865	16:17:47	XLON
79	2870	16:23:01	XLON
32	2870	16:23:01	XLON
27	2870	16:23:01	XLON

LEI Number: 213800XKDG12NQG8VC53

For further information, please contact: Computershare Company Secretarial Services Limited, [phone]

Name of authorised official of issuer responsible for making notification: Computershare Company Secretarial Services Limited, Company Secretary

About Bank of Georgia Group PLC

Bank of Georgia Group PLC ("Bank of Georgia Group" or the "Group" and on the LSE: BGEO LN) is a UK incorporated holding company. The Group mainly comprises: a) retail banking and payment business (Retail Banking); and b) corporate banking and investment banking operations (Corporate and Investment Banking) in Georgia.  JSC Bank of Georgia ("Bank of Georgia", "BOG", or the "Bank"), a systematically important and leading universal bank in Georgia, is the core entity of the Group. The Bank is a leader in the payments business and financial mobile application, with strong retail and corporate banking franchises. In line with our digital strategy, the Group focuses on expanding technological and advanced data analytics capabilities to offer more personalised solutions and seamless experiences to our customers. Employee empowerment, customer satisfaction, and data-driven decision-making, together with the strength of the banking franchise, are key enablers of the Group's sustainable value creation. By building on its competitive strengths and uncovering more opportunities, the Group is committed to delivering strong profitability sustainably and maximising shareholder value. The Group expects to benefit from the growth of the Georgian economy, and through both its Retail Banking and Corporate and Investment Banking operations, it aims to deliver on its strategy and its key medium-term objectives  ̶ at least 20% return on average equity (ROAE) and c.10% growth of its loan book.

JSC Bank of Georgia has, as of the date hereof, the following credit ratings:
Fitch Ratings	'BB-/B'
Moody's	'Ba2/NP'

For further information, please visit www.bankofgeorgiagroup.com or contact:

Archil Gachechiladze	Michael Oliver	Sulkhan Gvalia	Nini Arshakuni
CEO	Adviser to the CEO	CFO	Head of Investor Relations
[phone]	[phone]	[phone]	[phone] (7515)
[e-mail]	[e-mail]	[e-mail]	[e-mail]

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This report is presented for general informational purposes only and should not be construed as an offer to sell or the solicitation of an offer to buy any securities

 

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